QPFF vs. PGX

Last updated Apr 2, 2026

Compare and contrast key facts about American Century Quality Preferred ETF (QPFF) and Invesco Preferred ETF (PGX).

QPFF and PGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QPFF is an actively managed fund by American Century. It was launched on Feb 16, 2021. PGX is a passively managed fund by Invesco that tracks the performance of the BofA Merrill Lynch Core Fixed Rate Preferred Securities Index. It was launched on Jan 31, 2008.

Performance

QPFF vs. PGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and Invesco Preferred ETF (PGX). The values are adjusted to include any dividend payments, if applicable.

QPFF vs. PGX - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
PGX Invesco Preferred ETF	-2.31%

Returns By Period

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PGX

• 1D: 0.83%
• 1M: -3.11%
• YTD: -0.88%
• 6M: -3.59%
• 1Y: 3.48%
• 3Y*: 4.70%
• 5Y*: -0.47%
• 10Y*: 2.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QPFF vs. PGX - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is lower than PGX's 0.52% expense ratio.

PGX

Invesco Preferred ETF

QPFF

American Century Quality Preferred ETF

Return for Risk

QPFF vs. PGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGX

PGX Risk / Return Rank: 25
PGX Sharpe Ratio Rank: 26
PGX Sortino Ratio Rank: 24
PGX Omega Ratio Rank: 23
PGX Calmar Ratio Rank: 30
PGX Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QPFF vs. PGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) and Invesco Preferred ETF (PGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QPFF	PGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.14	—

Dividends

QPFF vs. PGX - Dividend Comparison

QPFF has not paid dividends to shareholders, while PGX's dividend yield for the trailing twelve months is around 6.20%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PGX Invesco Preferred ETF	6.20%	6.03%	5.95%	6.42%	6.29%	4.82%	4.89%	4.85%	6.09%	5.66%	6.02%	5.84%

Drawdowns

QPFF vs. PGX - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum PGX drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for QPFF and PGX.

Drawdown Indicators

	QPFF	PGX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-66.44%	+66.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.10%	—
Current Drawdown Current decline from peak	0.00%	-5.97%	+5.97%
Average Drawdown Average peak-to-trough decline	0.00%	-8.17%	+8.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.16%	—

Volatility

Volatility by Period

	QPFF	PGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	7.14%	-7.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	11.07%	-11.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	13.00%	-13.00%